AMAT will be taken to the 20s in the near future. What AMAT said really is irrelevant.
It's a bullrush, and as I stand on the sidelines, I see no reason why the big boys cannot take AMAT to 20s, 30s, and whatever price you want it at.
It's a GREATER FOOL GAME.
Can I buy a stock, sell it, and get out before reality strikes.
lolol.
Was anyone really expecting good things from AMAT?
If you listened or read news about earnings from NVLS, KLAC, TER....then you'd have known AMAT wouldn't come out with anything better.
I would be AMAT gains 5-10% tomorrow or by end of this week.
Why?
I would say: why not?